Wednesday, February 24th 2021
Fry's Electronics to Shut Down All Operations, Adds to Brick-and-Mortar Woes in the USA
Fry's Electronics, Inc. (or simply Fry's as is more popularly referred to) ripped off the band-aid from its ailing operations in the USA today. The 36-year old company was a Silicon Valley original, and went full-time into the PC market as a retailer shortly after giving up its grocery business dreams. The company had been struggling for a while now, with yours truly having never once bought from any of their stores despite having lived in a city that housed so many, and clearly too many, of them. The brand had quickly become associated with outdated and overly expensive hardware, and unfortunately today's news was due to happen sooner than later. We wish all employees a quick rebound, and look out for wind-down sales from the company as it attempts to satisfy creditors and stakeholders.
Source:
Fry's Electronics
27 Comments on Fry's Electronics to Shut Down All Operations, Adds to Brick-and-Mortar Woes in the USA
Not a lot of woes really place has been in steady decline way before covid hit this was just the last straw that broke their backs.
That being said, I feel a themed grocery store would have been pretty interesting, complete with a cafeteria/restaurant like some larger grocery stores have. Too bad that fizzled too.
Kinda reminds me of a Big Bang Theory quote: "You know, they have to help the viewers let go. Firefly did a movie to wrap things up. Buffy the Vampire Slayer continued on as a comic book. Heroes gradually lowered the quality season by season till we were grateful it ended."
Fry's is the Heroes of the retail world.
I don’t know if it was a management issue that led to the decline, or what, but the Microcenter in my area has not struggled for business, even with COVID. My last trip there had a long line at checkout, on a weeknight. They do better than Best Buy it would seem.
Fry's has been going down for a while now, it's just now that the final nail has been pounded into the coffin.
For me, having a Microcenter is amazing. I can walk in and ask questions and the salespeople at my local store are very knowledgeable. I asked a lot of questions regarding monitors even though I had done a lot of homework ahead of going into the store, but it was the salespeople and seeing the product that really convinced me that that monitor was the best choice. I bought it, took it home, hooked up, and I was blown away.
Surprised it didn't close 2 years ago, it was on it's heals before COVID. Maybe it actually helped them stick around by closing stores and not having to pay for as many people, but it was never gonna work out.